Our aim is to create supplementray currency for region of Edinburgh, to strenghten economy and keep money flowing in in region, by closing part of circulation of funds in region.
Project will rise funds needed to fund advertising, physical currency production, and promoting it within comunity and incoming tourism during summer season 2017.
In legal terms, iam not trying to create legal tender, there is one, and its function cannot be supplemented. We are creating comunity that agrees to use goods (physical currency) as means of exchange, and customers will be able to buy currency for money, which will be backing up value in case this will be exchanged back to money usable out of region.
Function of this currency is that it is valid only within comunity and region, and it can be used only within it, and it wont flow away from region as legal tenders do. This exclusivity as well raise interest of customers which have currency in pocket, and are keen to spend it somewhere.
Our aim it to create provisional list of possible partners which will want to accept our currency by end of project, to show opportunities this kind of promotion will offer.
Our email is firstname.lastname@example.org feel free to contact us about any questions